Temperature Sensors Market Trends, Share, Growth, Opportunity and Analysis 2027

 According to the latest report by IMARC Group, title “ Temperature Sensors Market: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027.’the global temperature sensors market is expected to exhibit a CAGR of 5.4% during 2022-2027. 

Temperature sensors represent the electronic devices that assist in measuring the temperature and converting the input data into electronic information to monitor, record, or signal temperature changes. They are durable and have a high-speed response, low initial cost, and remarkable accuracy. Temperature sensors are widely available in various shapes, sizes, and variants, such as contact and non-contact physical types, wherein the contact detectors are required to be in material contact with the object, including liquids, solids, or gases. On the other hand, non-contact devices use infrared (IR) to remotely detect the object. As a result, temperature sensors find widespread applications across various sectors, such as chemical, oil and gas, metal and mining, power generation, automotive, aerospace, military, etc. 

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Temperature Sensors Market Trends:

The escalating demand for faster processors, smaller system sizes, and supporting advanced applications in personal computing is making monitoring and controlling heat critical, which is among the primary factors driving the temperature sensors market. Besides this, the elevating product requirement in the food and beverage (F&B) industry to maintain higher quality and consistency of meals is further augmenting the market growth. Moreover, the rising utilization of wireless temperature sensors in several sectors to reach locations wherein the physical deployment of a device is not possible is also catalyzing the global market. Apart from this, the inflating need for state-of-the-art and portable healthcare equipment, on account of the introduction of innovative patient monitoring systems, the increasing geriatric population, deteriorating lifestyles, and high viral infections, is acting as another significant growth-inducing factor. Furthermore, the growing product popularity in the automotive industry, owing to the extensive usage of heating, ventilation, and air conditioning (HVAC) modules in automobiles, is anticipated to propel the temperature sensors market over the forecasted period. 

Temperature Sensors Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global temperature sensors market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• ABB Ltd.
• Amphenol Corporation
• Analog Devices Inc.
• Continental AG
• Emerson Electric Co.
• Honeywell International Inc.
• Microchip Technology Inc.
• NXP Semiconductors N.V.
• OMRON Corporation
• Panasonic Corporation
• Robert Bosch GmbH
• Siemens AG
• STMicroelectronics
• TE Connectivity
• Texas Instruments Incorporated.

Key Market Segmentation:

The report has segmented the global temperature sensors market on the basis of connectivity, technology and end use industry.

Breakup by Connectivity:

• Wired
• Wireless

Breakup by Technology:

• Infrared
• Thermocouple
• Resistance Temperature Detectors (RTD)
• Thermistor
• Temperature Transmitters
• Fiber Optic
• Others

Breakup by End Use Industry:

• Chemical and Petrochemical
• Oil and Gas
• Metal and Mining
• Power Generation
• Food and Beverage
• Automotive
• Medical
• Aerospace and Military
• Consumer Electronics
• Others

Breakup by Region:

• North America
  • United States
  • Canada
• Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa

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Key Highlights of the Report: 

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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